NOT LISTED FOR SALE

Estimated Value: $4,981,000 - $6,460,000

3 Beds
3 Baths
2,750 Sq Ft
$2,157/Sq Ft Est. Value

Last Sold June 14, 2021

Last sale price $3,595,000 $1,307 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $34,869/month

13 Days on Market

Highlights

  • Ocean View
  • 1.11 Acre Lot
  • Hilly Lot
  • Cold Spring Elementary School Rated A+
  • Fruit Trees
  • Property is near park, schools, and shops

About This Home

As of June 2021

A great opportunity awaits! Nestled away off a private road in the Arcady Estates sits this 1.1 acre parcel which is part of the original 70 acre estate purchased by George Knapp in 1911. Great potential for an ADU as the lot spans between Knapp Drive and Arcady Road. Offering spectacular mountain views, this 2,750 sqft single-level ranch is on a very private knoll top, showcasing both mountain and ocean views. A spacious family room features volume beamed ceilings and walls of glass. The large primary suite is also highlighted by a spacious bathroom with a Jacuzzi tub and separate shower, 4 closets, ocean and garden views. Two additional bedrooms offer baths ensuite. The large parcel offers charming pathways in parklike grounds. Room for a pool or possibly an ADU. Located in the desirable Cold Springs school district, this home offers an exceptional opportunity for a family ready to give it their own personal touch!

Last Agent to Sell the Property

Alyson Spann

Village Properties - 1 License #00907671 Listed on: 05/06/2021

Last Buyer's Agent

Amy Baird

RE/MAX Santa Barbara

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 1.11 Acre Lot
  • Hilly Lot
  • Fruit Trees
  • Lawn
  • Property is in good condition

Parking

  • 2 Car Direct Access Garage
  • 4 Open Parking Spaces

Property Views

  • Ocean
  • Mountain

Home Design

  • Ranch Style House
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,750 Sq Ft Home
  • Cathedral Ceiling
  • Multiple Fireplaces
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Schools

  • Cold Spring Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Forced Air Heating System
  • Water Softener is Owned
  • Septic System
  • Cable TV Available

Additional Features

  • Stepless Entry
  • Covered Patio or Porch
  • Property is near park, schools, and shops

Listing and Financial Details

  • Exclusions: Potted Plants
  • Home Protection Policy
  • Assessor Parcel Number 013-192-017

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

1.11 Acres

Parking

2

Listing Details

  • Directions: Eucalyptus hill from Sycamore Canyon or 5 points. At entrance to Arcady Estates, go left and then a quick right to Knapp Drive. Property driveway is on the left side of road a short ways down street
  • Prop. Type: Residential
  • Year Built: 1951
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Gas Hookup, Laundry Room
  • ResoSecurityFeatures: Security System, Smoke Detector(s)
  • Architectural Style: Ranch
  • Reso Flooring: Laminate, Carpet, Hardwood
  • Garage Yn: Yes
  • Unit Levels: Entry Lvl(No Stairs), Single Story
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1951
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.11
  • NeighborhoodSchools Elementary School: Cold Spring
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Hilly2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Construction Entry Lvl(No Stairs)2: Yes
  • Construction Single Story2: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Laundry Laundry Room2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Property Information Main House SqFt: 2750.0
  • Proximity Near Shopping2: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Gas8: Yes
  • Condition Good2: Yes
  • Fireplace(s):_two_3: Yes
  • WaterSewer Septic In: Yes
  • FlrWdw Coverings Carpet: Yes
  • Roof:Tile2: Yes
  • ViewOcean: Yes
  • ParkingGarage Total # Uncovered Spaces: 4.0
  • FlrWdw Coverings Laminate2: Yes
  • Site Improvements Cable TV3: Yes
  • Laundry Gas Hookup2: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Amenities Protection Plan2: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • ParkingGarage:Total _pound_ Garage Spaces: 2.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Oven/Rnge/Blt-In, Dishwasher, Disposal, Dryer, Microwave, Washer, Wtr Softener/Owned
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, 2, Gas, LR

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Ocean
  • Construction Type: Stucco
  • Acres: 1.11
  • Topography: Hilly
  • Exclusions: Potted Plants
  • Exterior Features: Patio Covered, Lawn, Fruit Trees
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking Spaces: 4.0
  • Parking Features: Gar #2, Interior Access, Attached

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

  • Elementary School: Cold Spring
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 013-192-017
  • Zoning: R-1
  • Lot Size Sq Ft: 48351.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Jun 3, 2021
Sold by
Mcdavid Morrison S
Bought by
Oh Jeong Hee
Seller's Agent
Alyson Spann
Village Properties - 1
Buyer's Agent
Amy Baird
RE/MAX Santa Barbara
List Price
$3,395,000
Sold Price
$3,595,000
Premium/Discount to List
$200,000
5.89%
Current Estimated Value
$5,932,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,337,751
Avg. Annual Appreciation
11.10%

Purchase Details

Listed on
May 6, 2021
Closed on
May 25, 2021
Sold by
Oh Jeong Hee and The Mcdavid Oh Family Trust
Bought by
722 Knapp Drive Llc
Seller's Agent
Alyson Spann
Village Properties - 1
Buyer's Agent
Amy Baird
RE/MAX Santa Barbara
List Price
$3,395,000
Sold Price
$3,595,000
Premium/Discount to List
$200,000
5.89%

Purchase Details

Listed on
May 6, 2021
Closed on
May 24, 2021
Sold by
Mcdavid Morrison S
Bought by
Oh Jeong Hee
Seller's Agent
Alyson Spann
Village Properties - 1
Buyer's Agent
Amy Baird
RE/MAX Santa Barbara
List Price
$3,395,000
Sold Price
$3,595,000
Premium/Discount to List
$200,000
5.89%

Purchase Details

Closed on
Oct 20, 2005
Sold by
Mcdavid Morrison S
Bought by
Mcdavid Morrison S and Oh Jeong Hee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Oh Jeong Hee -- --
722 Knapp Drive Llc $3,575,000 Wfg National Title Ins Co
Oh Jeong Hee -- --
Mcdavid Morrison S -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2021 06/14/21 Sold $3,595,000 +5.9% $1,307 / Sq Ft
05/16/2021 05/16/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $3,395,000 -- $1,235 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $43,941 $5,637,074 $2,756,080 $2,880,994
2023 $43,941 $3,719,430 $2,601,000 $1,118,430
2022 $38,439 $3,646,500 $2,550,000 $1,096,500
2021 $10,571 $989,322 $496,015 $493,307
2020 $10,398 $979,178 $490,929 $488,249
2019 $10,046 $959,979 $481,303 $478,676
2018 $9,849 $941,157 $471,866 $469,291
2017 $9,681 $922,704 $462,614 $460,090
2016 $9,438 $904,613 $453,544 $451,069
2014 $9,182 $873,573 $437,982 $435,591
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 21-1582

Santa Barbara Multiple Listing Service

APN: 013-192-017

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